KT eyes at big share in Indian broadband market

Telecom major Korean Telecom Corporation (KT Corp), a company with an annual turnover of $10 billion, is eyeing at the Indian Internet market to aggressively launch its broadband services, Young Sam, Lee, Director, Global Business Team of the company, informs exchange4media.com.

An MoU with BSNL has been signed a month ago wherein opportunities in broadband would be explored. This way, KT would begin a joint-project which would help accelerate broadband services in India by establishing high-quality broadband internet networks and providing various e-biz solutions including Next Generation wireless and wire integration services. To initiate these activities, the company is soon to set up its Indian wing at New Delhi by the end of this year, says Lee.

The company, at present has plans to offer networking solutions to Indian ISPs. In China also the company has been offering the same and, it could be replicated in India, he observed.

KT does not only supply broadband infrastructure, but has created a range of convergence-biz models using this infrastructure. Such models create new business opportunities and revenue sources. All these would be rolled from the kitty soon for the Indian market, Lee said.